The agricultural provision of the appropriations language provides $20.6 billion in discretionary funding – $305 million below the FY 2014 enacted level. In addition to some cuts, the bill rescinds unused funds.A $1.1 trillion spending bill was passed by the House on Thursday night and the Senate on Saturday night, which will keep the government open through 30 September 2015 and the Department of Homeland Security through 27 February 2015. The votes in both chambers were relatively close on this type of measure. The Senate vote was 56-40, while the House vote was 219-206, just one vote over the 218 majority needed for passage.The agricultural provision of the appropriations language provides $20.6 billion in discretionary funding – $305 mi...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.